Chicago Mayor Lori Lightfoot’s plan to place a casino in River West came one step closer to realization Monday when a City Council committee advanced legislation that lays the groundwork for the ambitious development, sending it to a final vote this week.
Ald. Brendan Reilly, 42nd, voted no during Monday’s committee hearing and questioned the true amount of the touted $200 million annual windfall the casino is anticipated to bring to the city’s coffers.Those qualms followed previous arguments from Reilly that the gambling complex will attract crime and congestion and is fiercely opposed by his constituents in River North.
The council member representing the ward containing the site of the proposed casino, Ald. Walter Burnett, 27th, responded that “this is a necessary opportunity for us.” “This has been a three-year long process that the city has undertaken for the selection of the casino in the city of Chicago,” Huang Bennett said. “This is a generational opportunity, which the city has been working toward for 30 years.”The city is banking on the future casino’s projected $200 million annual tax revenue to plug its public pension funding holes.
Neighbors association demand low housing around the neighborhood, do they know what kind of crime infested neighbors will come with this program?
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